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20121228
20121228
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
. the big question is, president obama's increased spending a lot over the past four years. how will he get the revenue from that? is raising tax rates on the so-called rich enough to do it? no, it's not. it doesn't bring in enough money. one the ways he might do it is to squeeze the energy companies a little more. coming up, ceo of southern company, one of the most important guys in the universe will join us right here to say if he expects the big squeeze from the white house. >> i'm david asman with your fox business brief and here east one crisis averted anyway. unions representing dock workers and shippers reached a agreement delaying a strike that could have cripple the u.s. economy. longshoremen and maritime alliance agreed to postpone for 30 days. >>> this would mark the best year for the auto industry since 2007, but experts say the gains made in december could be overshadowed in january because of concerns about the fiscal cliff. >>> the chinese government announcing stiff new rules and requiring users to provide real names to service providers. the move place as greater burden on
party. president obama is therefore offering his original position, $250,000 and below. on spending cuts president obama proposed $1.2 trillion, about equal to what he was asking in revenue. boehner passed draconian spending cuts in the house with no revenue component. on extended unemployment insurance, another check for the president. nada for boehner. on the debt limit president obama proposed a structure similar to what republican leader mitch mcconnell proposed last year. boehner wants to hold the nation's full faith and credit hostage once again to attain even more spending cuts. president obama even threw in an added incentive for republicans, by agreeing to a change in the way social security increases are calculated. no such olive branch was ever extended by republicans. get your cell phones out. i want to know what you think. tonight's question, is john boehner's move to reconvene the house a face-saving political move or a genuine effort to reach a deal? text a for political. text b for genuine effort. to 622639. or go to our blog at.msnbc.com. i'll bring you the results later
. on spending cuts president obama proposed $1.2 trillion, about equal to what he was asking in revenue. boehner passed draconian spending cuts in the house with no revenue component. on extended unemployment insurance, another check for the president. nada for boehner. on the debt limit president obama proposed a structure similar to what republican leader mitch mcconnell proposed last year. boehner wants to hold the nation's full faith and credit hostage once again to attain even more spending cuts. president obama even threw in an added incentive for republicans, by agreeing to a change in the way social security increases are calculated. no such olive branch was ever extended by republicans. get your cell phones out. i want to know what you think. tonight's question, is john boehner's move to reconvene the house a face-saving political move or a genuine effort to reach a deal? text a for political. text b for genuine effort. to 622639. or go to our blog at.msnbc.com. i'll bring you the results later in the show. joining me now is legendary congressman charlie rangel of new york. congressman,
in annual spending cuts were agreed to under president obama as part of the debt ceiling negotiation. those begin on tuesday. we have the payroll tax cut in place for two years, takes about two percentage points off people's taxes, bill will end on monday. business tax breaks, bill will end on monday. the alternative minimum tax, which is confusing, but it would be a disaster if that was not taken care of, because it would raise the taxes of about 30 million americans for their 2012 income and 2013. and all the confusion could screw up the whole tax filing season. who knows when you will be filing your taxes, because the irs does not know which tax rates will be applied and who will be responsible for paying what. so it's going to be a mess if this is not handled quickly. host: if we are sitting here a month from now after the inauguration and there's still no final agreement on taxes, could that the label 15 -- guest: no doubt about it. secretary dieter even said that a few days ago. --secretary tim geithner. it could delay the tax filings. the government relies on august revenue to come i
and signed by president obama. the idea being to make it so painful not to cut a deal on taxes and spending that they would be forced to cut a deal on taxes and spending. except keeping them honest, they haven't done it. even though they knew the stakes, they knew the deadline, and both sides promised that this time things would be different. >> we need to return to fiscal responsibility. >> how is it that we're going to be able to do that? getting our fiscal house in order. >> the american people have spoken loudly. they want us to get our fiscal house in order. >> fiscal handcuffs on this congress that are sorely needed. >> washington is beginning to get its fiscal house in order. >> so they approve legislation that gave everyone nearly a year and a half to reach a long-term agreement on spending and taxes or face truly punishing consequences if they didn't. you'll remember at the time this was a really big deal. republicans had forced the issue by refusing to raise the debt ceiling without budget cuts. markets went haywire. gabby giffords even returned to washington from rehab from her a
obama. those are set to end on monday. $110 billion in annual spending cuts were agreed to under president obama as part of the debt ceiling negotiation. those begin on tuesday. we have the payroll tax cut in place for two years, takes about two percentage points off people's taxes, bill will end on monday. business tax breaks, bill will end on monday. the alternative minimum tax, which is confusing, but it would be a disaster if that was not taken care of, because it would raise the taxes of about 30 million americans for their 2012 income and 2013. and all the confusion could screw up the whole tax filing season. who knows when you will be filing your taxes, because the irs does not know which tax rates will be applied and who will be responsible for paying what. so it's going to be a mess if this is not handled quickly. host: if we are sitting here a month from now after the inauguration and there's still no final agreement on taxes, could that the label 15 -- guest: no doubt about it. secretary dieter even said that a few days ago. --secretary tim geithner. it could delay the
the law meaning obama care will be a hot button issue in 2013. as 2012 winds down it resembles 2011 with republicans locked in another show down over taxes and spending with the average family caught in the middle. in washington craig boswell fox news. >>> 18 minutes after the top of the hour. will you feel safer in 2013. the top five threats we need to watch out for in the new year. >> the top spot you don't want to have it is the worst movie of the year. we will tell you which one it was. hopefully you didn't see it. >> welcome back. it is 21 after the top of the hour. here are quick headlines for you. an f-16 fighter jet similar to this one crashed during a training mission in california. the luckily the pilot was able to eject before the jet crashed in owens valley 100 miles east of fresno. he is said to be okay. no one rauz hurt. the cause is unkerr investigation. >> sandy hook elementary students have been off of school since the tragic. in the meap time the commu -- m the community is helping them to get out of the house. there have been field trips pizza parties and organize
the obama name derived. just kind of amazing stuff all day. >> host: you spend a lot of time in interviews talking about the tribal situation in kenya. >> guest: it explains a lot about barack obama senior. this book is more than just a biography of barack obama who became president of the united states. it's about the places they created him come the people that created and starred in two generations back and moving through to obama himself. and his father in some ways represented the promise and the frustrations of africa and of kenya and on a more personal level of the sudden brilliance in flawless. and some of that have to do with tribalism. the luo are the second largest tribe in kenya in the colonial period when the british dominated kenya really created the sort of tribalism putting all the different tribes into the reserves in different parts of the country. and so when they got independence in god power, there was this unfortunate sort of conflict for power in the luo were basically, ever since 1963, had
, and that republicans will concede they do not have anything else. they will kick the can down the obama has not shown the leadership that he showed, last caller. it is a matter of spending. the government has gotten out of control in washington, d.c. both parties are guilty. this last president as the most gelt, and certainly bush also had his problems with spending, but if i was a republican senator, i would not vote for anything without at least a $6 trillion tax cut, and that would include wages of our government employees. i hate to say that, but they have to take a hard stand, and that is where i stand here fiscal cliff, it looks like we are coming. host: happy new year. a live picture inside the u.s. capitol, expecting the possibility of senators coming out to speak after their party's caucuses. we're waiting until 3:00 this afternoon, the meeting at the white house, where c-span coverage will continue. we had a chance this morning that the discussion with a capitol hill reporter to get his take on the fiscal cliff negotiations. let's take a look at that now. host: good morning to you. since we
beating. the victim suffered a severe brain injury. left toe just four days avoid that this booklet. obama and congressional leaders will meet house today to avoid tax hikes and spending cuts. this comes after serious on capitolckering hill. we will have an in depth live report coming up. >> we are going to start with a look at what remains on 355 at cedar lane. one right lane getting by. it is very very slow. the beltway. we will take a look at the map. we had a report of an accident george washington parkway. the right lane is blocked. not very much back up. >> partly sunny skies and 37 degrees. breeze bringing our chill factor down to the low 30s. kind of a chilly start. we will warm up to the upper low 40's this afternoon. winter weather advisory in the north and west of the metro. that is the latest on the forecast. back to you. >> thank you for joining us. have another update for at 8:27. have a great morning. [ cheers and applause ] >>> oh, boy. great friday crowd with us. and albeit a chilly times square. they're getting the spirit award out there. george, robin, lara, lucky enough
to be missed. >>> in other news, with just four days to go, president obama and the top lawmakers meet today at the white house on the fiscal cliff. any compromise is expected to include an extension of the middle class tax cuts with increased rates at upper incomes. spending cuts could also be canceled. ahead of those talks, plenty of blame is being spread around already. >> john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> hopefully there's time for an agreement of some kind. >> speaker john boehner called the house back into session for a highly unusual sunday evening session just in case. >>> an unexpected consequence of the fiscal cliff stalemate could mean sticker shock at your grocery store. milk prices could soon spike to $8 a gallon. wow. congress has been so bogged down with the fiscal cliff, the farm bill is still on the table. if congress does not pass it, dairy subsidies would immediately end on january 1, and those subsidies have been keeping milk prices low for 63 years. >>> the price of curbside parking in chic
that gets done, we go over the fiscal cliff or the obama cliff and everything that gets kicked into gear, higher tax rates, some of the spending cuts, sequestration, probably good for the economy, which i believe is, but also he can come back in after the first of the year, sometime in january or february and say, let's pass some tax cuts for people making under $250,000 a year, like i've wanted to do all along and he gets to own tax cuts. it's very, very politically senator to do this on his part. on right, they really, really needed to be one voice and they just couldn't get to that. >> kelly: he divided the republicans as charles krauthammer alluded to, saying that's what the president wanted to do, to divide the republicans. senator john barrasso has something to say about the president, saying he may have wanted to do this all along, go off the fiscal cliff. >> i think that he sees a lot of cuts to the military, which the democrats have been after for a long time. and then he gets to do what he loves to do, which is blame republicans. my concern is that i actually see financial pro
credit downgrade, initiate a drop in the markets and impose arbitrary spending cuts that will undermine our national security and slash vital programs for the vulnerable. >> reporter: democrats want to raise taxes on people earning $250,000 a year. though president obama has signaled that he would up that to $400,000 a year in a compromised deal. republicans though, have rejected any tax increases, despite house speaker boehner's proposal to increase taxes on those people earning more than a million. not much has really changed before christmas. we'll see if the meeting today will change any of that. back to you. >> sherri ly reporting, thank you. >>> making headlines overseas this morning, rebels are closing in on the capitol and the u.s. is closing our embassy there. the state department is ordering the american ambassador and all his staff to leave immediately. rebels took 10 more towns in the last couple of days. air force cargo plane evacuated 40 americans overnight. and the u.s. is telling all american citizens in the central african republic to get out now. >>> in russia, preside
another massacre like the one that happened in newtown. >>> president obama summoning congressional leaders to the white house, 3:00 this afternoon is the date for one final fiscal cliff showdown. just four days left to get this deal done or massive tax hikes and spending cuts will kick in. >>> the u.s. embassy clearing out of an african nation this morning. deteriorating security in the central african republic has forced the u.s. state department to temporarily suspend operations. there the u.s. ambassador, his diplomatic team and some private american citizens are out of the capital. the country's president has asked france and the united states for help to stop rebels that threaten rule. >>> it's not clear who will replace lisa jackson as the head of the environmental protection agency. jackson announced yesterday she's stepping down in january after the president's state of the union address. the epa created new standards for air pollution from coal power plants on her watch. >>> massachusetts congressman ed ma markey throwing his hat into the ring for kerry's senate seat. a sp
Search Results 0 to 19 of about 20 (some duplicates have been removed)